Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Inside Icehouse's 'rollercoaster' showcase
Finance

Inside Icehouse's 'rollercoaster' showcase

Sharesies. Crimson Education. Ethique.Apart from being successful Kiwi businesses, they also share a past as part of Icehouse Ventures’ annual showcase event, which sees a dozen or so startups pitch to about 1,000 investors for funding.Up until Auckland’s second lockdown, it was...

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Govt tries again to get banks to lend businesses up to $6.25b
Finance

Govt tries again to get banks to lend businesses up to $6.25b

The government has announced more changes to its business finance guarantee scheme which it says will allow banks to lend more under the scheme.

Jenny Ruth 20 Aug 2020
ANZ shouldn't be paying a first-half dividend: UBS
Finance

ANZ shouldn't be paying a first-half dividend: UBS

ANZ Bank's Australian parent shouldn't by paying a first-half dividend, according to UBS analyst Jonathan Mott. "With around a third of the Australasian population still locked in their homes across Victoria and greater Auckland, the deepest recession in a lifetime with 12 per...

Jenny Ruth 20 Aug 2020
Reserve Bank QE taking bigger role in hitting inflation, jobs targets - Hawkesby
Finance

Reserve Bank QE taking bigger role in hitting inflation, jobs targets - Hawkesby

The Reserve Bank’s asset purchase programme will become a more active tool in hitting inflation and employment targets as the key interest rate nears its lower bound, says assistant governor Christian Hawkesby. The official cash rate is already at a record low 0.25 percent and...

Paul McBeth 20 Aug 2020